The checklist Warren Buffett-style investors use. Annual numbers for 2025.
3/6Mixed
PassReturn on equity 15%+Earns a lot on the money owners have in the business.20.9%
MissDebt under half of equityNot relying on borrowed money.1.36x equity
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.5.1%
PassProfitable every yearSteady profits, not one good year.10 of 10 years
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$981.8M
PassShare count not growingNot diluting owners. Falling means buybacks.-2.7% in 3 years
Revenue
$17.0B
+37.2% vs prior year
5-year growth
+23.7%/yr
revenue, per year
Total debt
$7.3B
1.36x equity
Free cash flow
-$981.8M
-5.8% of revenue
From annual reports filed with the SEC. Gross margin doesn't apply to banks and insurers, so it isn't scored. A checklist is a starting point for research, not a verdict.
Latest quarter
New results, as stated in the press release
Reported Oct 27After close4:16 pm ET
EPS
$4.52
Revenue and EPS as the company states them. Margins, cash flow and share count fill in with the 10-Q.
Insider rating
Last 90 days
No open-market insider buys or sells in the last 90 days.
Weekly insider trend
No trades to chart yet.
Filing buzz
Last 7 days vs normal
0/ 100
This week
1
Normal week
1.6
vs normal
0.6x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady+0.9%
Institutions added 0.9% to their holdings. 341 bought, 388 sold. 6 quarters of net buying in a row.
Shares held by institutions83.6M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+1.1%
Cash runwayAt last year's cash burn
37 months
Debt to equityLatest balance sheet: debt compared with what owners have
1.3x · $7.5B debt
Shares outstandingLatest reported
79M
Why low risk
Debt above equity: 1.3x
Earnings reports
Last 12
Next reportAround Jan 28, 2027 (est.)Estimated from the same quarter last year
Results filedOct 27
Results filedJul 30
Results filedApr 30
Results filedJan 29
Results filedOct 30, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days